Americas gold and silver corporation announces upsize of previously announced private placement of subscription receipts to c$45 million

/for distribution in the united states/ toronto , oct. 9, 2024 /prnewswire/ - americas gold and silver corporation (tsx: usa) (nyse american: usas) ("americas" or the "company") refers to its previous news release in which it announced, among other things, a binding agreement (the "definitive agreement") with an affiliate of eric sprott ("sprott") and paul andre huet under which americas will acquire the remaining 40% interest in the galena complex ("galena") in idaho, usa to consolidate the current galena joint venture (the "acquisition"). the company also announced that it entered into an agreement to complete a bought deal private placement financing of subscription receipts of the company (the "subscription receipts") to raise gross proceeds of c$40 million at an issue price of c$0.40 per subscription receipt (the "issue price") (the "concurrent financing").
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